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For sale · MLS® E14116910

242 Island Road, Toronto, ON M1C 2R2

Toronto, ON M1C 2R2

$699,000Asking price
MLS entry age: 9 days4 Bedrooms2 Bathrooms— Reported areaDetached Type
Quick cost estimateKnown monthly subtotal$3,670.84 / monthLand transfer tax $20,910One-time estimate
PLANNING ESTIMATE

Quick cost estimate

$3,670.84 / month

Known monthly subtotal

Mortgage principal & interest
$3,252.34
Property tax / month
$418.50
Maintenance / month
Period / amount not reported

Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.

Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.

Land transfer tax · one time

Transfer tax total
$20,910

Before rebates, surcharges and fees. Not part of the monthly subtotal.

Tax assumptions & breakdown
Ontario tax
$10,455
Toronto municipal tax
$10,455

Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm jurisdiction and residence classification. Not historical tax paid; excluded from the monthly subtotal.

Ontario rates · Toronto rates (April 2026)

Adjust cost assumptions ↓ · Closing-cost tools

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About this home

Estate Sale - Welcome to 242 Island Road!A great opportunity for renovators, investors, and buyers looking to create their dream home. This detached three-bedroom brick bungalow sits on a generous 60 x 159 ft. lot and features a separate basement entrance.The property requires renovations and is being sold in as-is condition. The third bedroom has been converted into a dining room but can potentially be converted back into a bedroom to suit your needs.Excellent potential to renovate, customize, and add value. Don't miss this opportunity to own a property with a spacious lot and plenty of possibilities!

Home details

Days on market
Not reported
Property type
Detached
MLS® number
E14116910
Source status
New
Bedrooms
4
Bathrooms
2
Postal code
M1C 2R2
Kitchens
1
Kitchens above grade
1
Family room / den
No
Interior size (reported range)
700-1100 (units not reported)
Lot depth
159 ft
Garage parking spaces
Not reported
Total parking spaces
3
Occupancy
Tenant
Possession type
Flexible
Garage
Attached
Annual property tax
5022
Basement
Separate Entrance, Finished
Interior features
Other
Architectural style
Bungalow
Parking features
Private
Pool features
None
Fireplace
No
Waterfront
No
Garage available
Yes
Heating system
Forced Air
Heating fuel
Gas
Cooling
Central Air
Sewer
Sewer
Direction facing
North
Construction materials
Brick, Brick Front
Roof
Shingles
Foundation
Concrete
MLS entry age (not confirmed DOM)
9 days

These details come from the listing source. Please confirm measurements and fees before making a decision.

Utilities and services

Sewer
Sewer
Heating system
Forced Air
Heating fuel
Gas
Cooling
Central Air

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Room sizes

Room measurements

Room measurement units

Room measurements will load from this listing’s saved source snapshot.

Measurements are shown only when saved by the listing feed. Converted values are approximate.

Bedrooms above grade
3
Bedrooms below grade
1
Rooms above grade
5
Rooms below grade
3
Den / family room reported
No

Room counts and measured room dimensions are separate source fields. No measurements are inferred.

SOURCE-REPORTED RECORD

Price history

Asking amount
$699,000
  1. Original MLS entry

    Entry into the source MLS system; distinct from days on market.

This history uses dates and prices supplied by the listing source. Some details may be missing.

Nearby homes sold near 242 Island Road, Toronto, ON M1C 2R2, Toronto

Nearby sale prices are private. Sign in or request access to see homes that sold.

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Estimate monthly costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Enter assumptions

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

Explore affordability & closing-cost tools →

Map and neighbourhood

Region / county
Toronto
Municipality
TORONTO
MLS® community
Rouge E10
MLS® district
Toronto E10
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PLAN YOUR ROUTE

Plan a trip from this home

Check a route from this property to work, school or another destination. Google Maps provides the current estimate when opened; traffic and departure time affect results.

Google Maps opens in a new tab and calculates the route. Your destination and this property location are sent to Google only when you submit. EnterHome does not store the destination or calculate a travel time.

Around this property

Schools, transit & everyday places

Published local sources. Distances are approximate straight-line distances, not walking routes.

Nearby publicly funded schools

Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.

School year 2024-2025 · Preliminary · publisher extract 2026-09-14.

474 m

West Rouge Junior Public School ↗

Elementary · JK-6 · English · Public

School board: Toronto DSB ↗

401 Friendship Ave, Scarborough

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
78%
Grade 3 Writing (at provincial standard)
66%
Grade 3 Mathematics (at provincial standard)
72%
Grade 6 Reading (at provincial standard)
85%
Grade 6 Writing (at provincial standard)
74%
Grade 6 Mathematics (at provincial standard)
51%
1.3 km

Rosebank Road Public School ↗

Elementary · JK-8 · English · Public

Durham DSB

591 Rosebank Rd S, Pickering

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
95%
Grade 3 Writing (at provincial standard)
95%
Grade 3 Mathematics (at provincial standard)
86%
Grade 6 Reading (at provincial standard)
95%
Grade 6 Writing (at provincial standard)
95%
Grade 6 Mathematics (at provincial standard)
48%
1.5 km

Rouge Valley Public School ↗

Elementary · JK-8 · English · Public

School board: Toronto DSB ↗

30 Durnford Rd, Scarborough

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
80%
Grade 3 Writing (at provincial standard)
55%
Grade 3 Mathematics (at provincial standard)
70%
Grade 6 Reading (at provincial standard)
88%
Grade 6 Writing (at provincial standard)
84%
Grade 6 Mathematics (at provincial standard)
60%
1.6 km

Joseph Howe Senior Public School ↗

Elementary · 7-8 · English · Public

School board: Toronto DSB ↗

20 Winter Gardens Trail, Scarborough

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

1.6 km

William G Davis Junior Public School ↗

Elementary · JK-6 · English · Public

School board: Toronto DSB ↗

128 East Ave, Scarborough

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
91%
Grade 3 Writing (at provincial standard)
89%
Grade 3 Mathematics (at provincial standard)
89%
Grade 6 Reading (at provincial standard)
97%
Grade 6 Writing (at provincial standard)
97%
Grade 6 Mathematics (at provincial standard)
65%
1.8 km

Elizabeth B Phin Public School ↗

Elementary · JK-8 · English · Public

Durham DSB

1500 ROUGEMONT DR, Pickering

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
86%
Grade 3 Writing (at provincial standard)
83%
Grade 3 Mathematics (at provincial standard)
88%
Grade 6 Reading (at provincial standard)
85%
Grade 6 Writing (at provincial standard)
87%
Grade 6 Mathematics (at provincial standard)
61%
1.9 km

St Dominic Savio Catholic School ↗

Elementary · JK-8 · English · Catholic

School board: Toronto CDSB ↗

50 Tideswell Blvd, Toronto

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
76%
Grade 3 Writing (at provincial standard)
76%
Grade 3 Mathematics (at provincial standard)
59%
Grade 6 Reading (at provincial standard)
80%
Grade 6 Writing (at provincial standard)
90%
Grade 6 Mathematics (at provincial standard)
41%
2.0 km

St Monica Catholic School ↗

Elementary · JK-8 · English · Catholic

School board: Durham CDSB ↗

275 Twyn Rivers Dr, Pickering

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
85%
Grade 3 Writing (at provincial standard)
46%
Grade 3 Mathematics (at provincial standard)
70%
Grade 6 Reading (at provincial standard)
88%
Grade 6 Writing (at provincial standard)
88%
Grade 6 Mathematics (at provincial standard)
65%

Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.

NEARBY CONNECTIONS

Transit near this property

Published transit locations. Distances are straight-line estimates, not walking routes or travel times.

Rail & subway · within 5 km

  • Rouge Hill GOGO Transit · Train
    2.2 km

Bus & streetcar · within 2 km

  • East Ave at Island RdTTC · Bus
    572 m
  • Island Rd at East AveTTC · Bus
    609 m
  • East Ave at Kirkdene DrTTC · Bus
    674 m
  • East Ave at Kirkdene DrTTC · Bus
    688 m
  • 70 Island RdTTC · Bus
    763 m
  • East Ave at Fanfare AveTTC · Bus
    887 m
  • East Ave at Ridgewood Rd North SideTTC · Bus
    891 m
  • Island Rd at Port Union Rd East SideTTC · Bus
    937 m
Sources & service information

These are locations in published feeds, not live arrivals or confirmation of service at this moment. Station platforms are grouped only by the source parent-station relationship. Check the agency for schedules, disruptions, access and entrances. Coverage: TTC, GO Transit and UP Express only; other agencies are not yet connected.

EVERYDAY DESTINATIONS

Nearby amenities

Mapped places within 2.0 km. Distances are straight-line estimates to map points or area centres.

© OpenStreetMap contributors · ODbL · Download this open dataset

Coverage & map information

Map snapshot: 2026-11-02T15:25:06Z. This is a rectangular GTA-area extract with partial regional coverage. Data may be incomplete near its edges. Places and categories are community mapped; opening status, entrances and service availability are not verified. Matching point/area entries with the same name within 25 metres are paired for display using the point location; the downloadable dataset retains every original map record. Other duplicates may remain. No walking routes, travel times or walking score are inferred.

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Similar homes for sale in Toronto

Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.

Property questions

How do I request a showing?

Choose a date and time preference in the request form. A request is not a confirmed appointment; EnterHome will confirm availability separately.

Are the measurements and features independently verified?

Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.

What do nearby school, transit and shop results mean?

They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.

Can I see sold prices for nearby properties?

Sold and leased comparable records are shown only to approved VOW users where the source permits display. Sign in or request VOW access if prompted.

How should I use the monthly cost estimate?

It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.

Home and neighbourhood overview

242 Island Road, Toronto, ON M1C 2R2, Toronto is listed as for sale — Detached. Reported details include 4 bedrooms, 2 bathrooms, interior size of 700-1100 (units not reported). Asking price: $699,000. Reported occupancy: Tenant. MLS® E14116910.

The Ministry’s school dataset lists West Rouge Junior Public School approximately 474 m from the property’s mapped location. The published GO Transit feed includes Rouge Hill GO, approximately 2.2 km away. OpenStreetMap shows nearby mapped places including West Rouge Park (1.1 km) and No Frills (759 m).

Local context

The Ministry’s school dataset lists West Rouge Junior Public School approximately 474 m from the property’s mapped location.

The published GO Transit feed includes Rouge Hill GO, approximately 2.2 km away.

OpenStreetMap shows nearby mapped places including West Rouge Park (1.1 km) and No Frills (759 m).

Sources & distance notes

Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility. Published transit locations do not confirm service at this moment.

© OpenStreetMap contributors · ODbL

Explore the area: Toronto · Rouge E10.

This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.

Listing brokerage: RE/MAX CROSSROADS REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® E14116910. Information deemed reliable but not guaranteed.

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